Pan-African agricultural company, Agriterra, has announced the sale of its 20 per cent interest in the South Omo Block in Ethiopia to Marathon Ethiopia in a deal that could be worth US$50mn
Exploration
Ophir Energy to resume Tanzania drilling operations
Ophir Energy and partners BG Group have announced they will resume their offshore Tanzania drilling campaign to further explore the resource potential of the Jodari blocks
Chevron awarded offshore Sierra Leone contract
Chevron has announced that it has been awarded participation in two deepwater blocks located offshore Sierra Leone
PetroSA acquires stake in Ghana’s Jubilee field
PetroSA, South Africa’s national oil company, has purchased Sabre Oil and Gas Holdings for an undisclosed amount, giving the company a stake in Ghana’s offshore Jubilee field
DRC may allow oil exploration in Africa’s oldest national park
The Democratic Republic of Congo’s (DRC) hydrocarbons minister has said it would allow oil exploration to take place inside Africas oldest national park if significant oil deposits were found there
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